New bipartisan legislation has been introduced to immediately enforce an interest rate cap of 10 percent on credit cards.

A 24-year-old woman shares her experience with credit card debt and warns others to research credit repair services to avoid scams.

If you skip your credit card payments for long enough, you could end up being sued. Here's when it could happen.

In the end, the gap between what is taken into the Treasury, and what is spent, will never be brought into line, or reduce ...

A debt collector typically can't garnish all of your income to collect on a debt, but they can take some of it.

Debt collection scams are among the most persistent and anxiety-inducing of all such schemes. Scammers call, text, or even ...

The Consumer Financial Protection Bureau rule means that millions of Americans with unpaid medical bills will not face ...

When a debt collector contacts you, follow these steps to verify the debt: First, don't acknowledge the debt or provide any ...

A derogatory mark is a negative record on your credit report that indicates you did not repay the lender according to the ...

Americans collectively have $1.277 trillion in credit card debt, according to the latest ... a reasonable cap on interest rates." In a joint letter addressed to Ocasio-Cortez and Luna, an ...

Credit card counselors don’t provide refinancing ... Stop paying, and you can expect calls and letters from debt collectors, which will add to your stress. You’ll also incur late fees and ...

The money-saving guru has shared some crucial advice for Brits who are unsure whether to pay off their credit card debts or ...